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NON-CONTROLLING REDEEMABLE INTERESTS IN CONSOLIDATED FUNDS (Tables)
3 Months Ended
Mar. 31, 2020
Non-Controlling Redeemable Interests in Consolidated Funds [Abstract]  
Summary of Changes in Non-controlling Redeemable Interests in Consolidated Funds
The following table sets forth a summary of changes in the non-controlling redeemable interests in the consolidated funds. Dividends reinvested and in-kind contributions or distributions are non-cash in nature and have been presented on a gross basis in the table below.
Three months ended March 31,
20202019
Beginning balance$866,222  $961,622  
Initial consolidation of a fund(3,708) —  
Contributions463,547  80,653  
Distributions(128,811) (62,641) 
Net income (176,100) 64,202  
Change in distributions payable1,544  2,759  
Foreign currency translation and other802  (5,611) 
Ending balance$1,023,496  $1,040,984